Binance Labs, the dynamic venture capital and incubation powerhouse behind Binance, is spearheading a transformative journey into the future of education. It has recently solidified its commitment by making an investment worth $3.15 million in Open Campus, an avant-garde Web3 education platform.
This initiative is set to redefine the educational landscape by breaking away from conventional norms. It tokenizes educational content and provides content creators with a gateway to monetize their invaluable contributions.
Open Campus stands as a robust and scalable infrastructure, beckoning a diverse array of adopters, from schools to edtech pioneers among other renowned players. Positioned as a global gateway, Open Campus aspires to draw in millions of educational content creators and learners to create a vibrant ecosystem within the Web3 space.
A groundbreaking facet in all these is the introduction of Publisher NFTs, an innovation that not only empowers Web3 enthusiasts to support creators but also enables them to share in the revenue generated.
Behind the scenes, the earnings generated from content creators are securely stored in smart contracts. Co-owners, having contributed to the platform’s richness, can seamlessly withdraw their share. Additionally, the Marketplace adds an additional layer of dynamism that allows the trade of Publisher NFTs.
Yi He, the Co-Founder of Binance and Head of Binance Labs, envisions Open Campus as a catalyst for elevating the production of high-quality educational content. In a recent speech, he passionately stated, “Open Campus applies Web3 tokenomics and technology to revolutionize the creation of educational content.” He emphasized Binance Labs’ active pursuit and investment in visionary
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